Exxon Mobil Corporation’s stock has risen after its first-quarter 2025 results exceeded expectations. The company attributes its success to production growth and cost-cutting measures, which offset the impact of declining oil prices. Despite lower profits compared to previous quarters, Exxon remains committed to its shareholder buyback plans. This strategic focus on shareholder value aligns with industry trends as supermajors like Chevron also reported profits amid challenging market conditions. Exxon’s commitment to financial discipline and returning value to shareholders appears to have positively influenced investor sentiment.
— new from Barron’s